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Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

Carmakers Honda, Nissan enter a basic agreement for merger talks

The company plans to repurchase as many as 1.1 billion shares, or almost 24% of its stock excluding treasury securities.

Internal candidates land top Wipro jobs

Since Srinivas Pallia took charge as Wipro CEO on 6 April, changes have ensued at the top

Indian bullet trains may ply on specialized railway corridors

speed of 180kmph. \"The manufacturing cost of this is around ₹28 crore per car (excluding taxes), which is highly competitive compared with other high-speed train sets and almost half the price of Japanese rolling stock that may be used for the MAHSR project,\" the second person said, also wishing to remain anonymous.

Crafting Bharat: Deep-tech edition-How Morphing Machines is revolutionising computing

The semiconductor industry is at the forefront of a technological revolution, driven by the integration of artificial intelligence (AI) in design, production and testing processes.

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

Oyo acquires G6 Hospitality

The transaction is expected to add about 1,500 franchised hotels across the US and Canada to Oyo's portfolio

GEF Capital bets $20 mn on EPACK Prefab

EF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

Polycab India is wired for growth and the stock reflects it

Charged up

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

In rare crackdown, Sebi halts trading in Bharat Global

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

In emerging markets, 'better luck next year' is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year.

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

Siemens stares at bumpy FY25

Siemens Ltd's shares have plummeted about 12% in the past two trading sessions.

Aakash's ex-CEO launches new edtech startup

Sparkl is an AI-powered online one-on-one tutoring platform focusing on 6-12 grades for IGCSE and IB curricula

Used car platforms set for bumpy ride ahead

GST hike on small cars to hurt margins; buyers, too, may have to pay more

India plans to import 20 more cheetahs, 2 elephants

India is in discussions with Kenya, Botswana and Tanzania to import 20 more cheetahs and two female elephants by March, two government officials said.

PNGRB to expand LPG pipeline for safer transport, cost cutting

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas (LPG), said Anil Kumar Jain, the chairperson of PNGRB.

Weather woes could crush sugar production hopes

Sugarcane yields in India are declining due to last year's drought and this year's excessive rains, which could reduce the country's sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.

GST on corporate sponsorships eased

Shifting the onus of remitting tax on sponsorship deals from the donor is set to enable the donor to lower its overall tax liability

Regulators must coordinate to protect consumer rights

We are focusing on digital landscape, addressing emerging issues like data privacy, online advertising Pralhad Joshi Union minister of food and consumer affairs

Fuel efficiency norms could accelerate clean mobility

Tighter carbon emission standards should push automakers to sell greener vehicles overall

At long last, the UK is shooting for the moon on clean energy

An ambitious plan revives hope but it will be a race against time